The Economy is pretty much in shambles! I don't want to elaborate too much, because people will fall asleep, but the only reason the Hungarian Economy ONLY loosing 2.5% of it's value as of now yr/yr is because the Agriculture sector has experienced a miraculous 72% growth from last year. And we were doing so good up to Q3 2008, our economy was finally recovering from the reforms...and then it got punched in the face...
On the happier side CPI inflation came out to be at 3.0% yr/yr..which is a very healthy rate. That's the only good news in economy these days.
1 comment:
At least the graph has pretty colors...
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